CFTC’s Selig says Illinois lawmakers ‘decided they know better’ on crypto tax
Covered by 4 sources · 4 articles
4 outlets - including Cryptopolitan, Cryptotimes and Cryptobriefing and 1 more - are covering this story. CFTC Chairman Michael Selig has accused Illinois lawmakers of putting Chicago’s future as a global financial center at risk with its first-of-its-kind state tax on digital asset transactions. Selig has accused the state of moving in the opp…
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CFTC Chair Selig calls Illinois crypto tax a threat to Chicago's financial legacy
CFTC Chairman Michael Selig has accused Illinois lawmakers of putting Chicago’s future as a global financial center at risk with its first-of-its-kind state tax on digital asset transactions. Selig has accused the state of moving in the opp…
CFTC Chair Selig Slams Illinois Crypto Tax as Innovation Threat
Michael Selig says Illinois’ 0.2% crypto transaction tax could deter blockchain investment and weaken the state’s financial leadership.
CFTC Chair Selig criticizes Illinois’ 0.2% crypto transaction tax as a brake on innovation
Illinois' crypto tax may stifle innovation, drive businesses away, and highlight tensions between state and federal crypto regulations. The post CFTC Chair Selig criticizes Illinois’ 0.2% crypto transaction tax as a brake on innovation appe…
CFTC’s Selig says Illinois lawmakers ‘decided they know better’ on crypto tax
CFTC Chair Michael Selig sharply criticized Illinois' decision to pass a law that puts into place a 0.2% tax on crypto transactions.